Arkhouse & Brigade: Plotting a $5.8B Macy’s Escape from Public Eye Sunday’s scoop reveals a sneaky investor duo, Arkhouse Management and Brigade Capital, plotting a grand $5.8 billion scheme to whisk department store mogul Macy’s (NYSE:M) away...
Job Growth Moderates Amidst Employer Caution and Worker Stability Employers are becoming more cautious, leading to a reduction in job postings and a slowdown in hiring. Conversely, employees are displaying increased loyalty by staying put rather than swiftly pursuing...
AI Showdown: Google Unveils Gemini to Challenge OpenAI’s GPT-4 as Amazon Fires Up its Arsenal to Rival Microsoft In late November, Amazon.com Inc (NASDAQ: AMZN) wrapped up its re:Invent conference with a volley of announcements aimed at taking on Microsoft...
Wall Street Closes with Mixed Signals Amid Speculation of Fed Rate Cut Triggered by Employment Data Tuesday’s Wall Street close presented a mixed picture as fresh employment figures fueled speculation of a looming interest rate cut by the U.S. Federal Reserve,...
Major Stocks Slide as Megacap Companies Relinquish Prior Advances U.S. stocks closed in the red on Monday, putting a halt to last week’s upward trend, as investors exercised caution ahead of crucial employment data scheduled for release this week. The outcome of...
Oil Prices Stable as Rate Cut Speculations and Middle East Risks Persist Oil prices stabilized in Asian trade on Monday after six consecutive weeks of losses, as there was growing optimism about early monetary easing in 2024. However, concerns over Middle...
